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Carl Quintanilla
carlquintanilla
FUNDSTRAT: “.. The uptick in Financials, Materials, and Industrials are constructive factors .. helping the market begin to show more broad-based strength. .. $SPX has little resistance ahead of late March highs at 5264.85 and eventually can exceed this .. with targets near…
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Carl Quintanilla
carlquintanilla
JPMORGAN: “.. earnings season is just about done .. growth came in better than consensus expected, at +5% y/y ..” But “excluding Mag-7, S&P 500 EPS growth is -2% y/y, the 5th consecutive quarter of negative growth .. Meanwhile, the percent of companies guiding higher rose vs last… pic.twitter.com/ze1RHZseLg
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Liz Ann Sonders
LizAnnSonders
Most-shorted basket of stocks tracked by ⁦@GoldmanSachs⁩ jumped by 5.6% yesterday ... strong gain but not close to strongest over past few years [Past performance is no guarantee of future results] pic.twitter.com/RDcVcYoMXs
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Liz Ann Sonders
LizAnnSonders
Tech and REITs were the two outperformers today but could not be more different when it comes to YTD performance (former dominates latter) … small caps had nice bounce but NASDAQ rose most of all peer indexes (keeping its current MTD gain strong but still behind that of Russell… pic.twitter.com/sfJOdB5tbQ
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